Arab Country Profiles

Libya

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  • Country name : Libya
  • Capital : Tripoli
  • Area : 1,759,540 km²
  • Population : 6,244,147 (2014)
  • Population growth rate : 4.85% (2013)
  • Life expectancy at birth : 76.4 years (2014)
  • Age structure : 0-14 years : 26.9% - 15-64 years : 69.1% - 65 years and over : 4%
  • Urbanisation : 78.4% (2014)
  • Labour force : 1.738 million (2014)
  • Gross Domestic Product : $49.34 billion (2014)
  • GDP – real growth rate : -19.8% (2014)
  • GDP – composition by sector : agriculture : 2% - industry : 45.8% - services : 52.2%
  • GDP – per capita : $16,000 (2014)
  • Natural resources : petroleum, natural gas, gypsum
  • Industries : petroleum and petrochemicals, aluminium, iron and steel, food processing, textiles, cement
  • Industrial production growth rate : -9% (2014)
  • Land use : arable land : 1% - permanent crops : 0.2% – other : 98.8%
  • Agricultural products : wheat, barley, olives, dates, citrus, vegetables, peanuts, soybeans, cattle
  • Exports in general : $17.49 billion (2014)
  • Exports to Belgium : $12.65 million (2014)
  • Exports – commodities : crude oil, refined petroleum products, natural gas, chemicals
  • Exports – partners : Italy (23.5%), Germany (12.5), China (11.3), France (9.7), Spain (7.6) (2014)
  • Imports in general : $16.8 billion (2014)
  • Imports from Belgium : $195 million (2014)
  • Imports – commodities : machines, semi-finished goods, food, transport equipment, consumer goods
  • Imports – partners : China (13.7%), Turkey (12.3), Italy (8.7), Tunisia (7.3), South Korea (6.2) (2014)
  • Current account balance : $-7.973 billion (2014)
  • Budget : revenues : $18.24 billion - expenditures : $25.22 billion (2014)
  • Reserves of foreign exchange & gold : $105 billion (31 December 2014)

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